Author: user
-
9 Basic Money Lessons We Must Teach Our Kids
It can be difficult for kids to really get what the whole deal with this “money” stuff is without learning certain money lessons. They see food appear on the table and feel cold air coming out of the AC without realizing it’s because mom and dad go to work and earn money to pay for these things. One day […]
-
How to Explain Needs vs Wants to Children
As parents, we’re responsible for covering our children’s needs like water, clothing, a roof over their head, and food. When the time comes to explain the essentials of needs vs. wants, it can be challenging, but not impossible. Today as a working mother who promotes family products and services online as a profession, I made […]
-
Yes, you should give your child an Allowance
It’s one thing to teach your kids the difference between wants and needs, or what credit cards are, but helping them to develop good money habits is about practice, practice, practice. Just like all those piano lessons and soccer games, giving kids the opportunity to try and try again with money through a weekly or […]
-
The Verity Story… where it all began.
By Team Verity The sequence of events of how Verity story began may seem coincidental to the outside world – but the stars must have definitely been aligned in its favor. Picture this: The repeated thud of footsteps reverberating across the empty streets of Dubai. The sun rising above towering skyscrapers. A partial lockdown still […]
-
Verity Goes Live with UAE’s First Family Banking App and Cards for Kids and Teens
Aims to build core money management skills through a prepaid debit card integrated with in-app earning, saving, spending, giving, and monitoring features Integrated digital banking experience powered by Visa and MENA Banking-as-a-Service (BaaS) provider, NymCard Verity closes latest bridge, backed by strategic global investors, raising over USD 1.2 million to date Dubai, UAE – 19 […]
-
Save on Back-to-School Shopping and Teach Your Kids These Money Skills
Back-to-school shopping can be overwhelming, and for good reason! Between required school supplies and those extras your kids beg for, it’s an expensive time of year that can eat up a bigger chunk of your budget than you planned for. What if it didn’t have to be this way? What if back-to-school shopping could be […]
-
Summer Activities for Kids that Teach the Value of Money
School is out, and the summer holidays are here! We know what you’re thinking: how are you going to fill up your kids’ extra time? Instead of them spending all those extra hours on their phone or watching TV, why not engage them in fun activities that they can learn from? Especially about the value […]
-
How to Get Kids to Save
Kids accumulate money in many ways: as birthday gifts, allowances, chore money, and maybe even entrepreneurial projects of their own like lemonade stands – but they’re not necessarily saving. Regardless of how they get it, setting aside a portion of that income is a great habit to practice. But the simple message of “you need […]
-
Should Chores be Rewarded with Money?
We shouldn’t underestimate children. They are capable of doing so much, even from a very young age. Also, there are so many benefits to having them participate in work around the house. Research shows that children who complete household chores have higher self-esteem, become more responsible, and learn how to deal with frustration. They also […]
-
How Moms’ Financial Independence Affects Children
It’s difficult to work towards financial independence as a mother. It’s the same pattern; for generations, moms have put their own goals and dreams on hold to raise a family – the most demanding yet, the most underpaid job in the world- and support their husbands’ careers. Is it because of societal roles? Maybe – […]